The digital economy is growing at a rapid pace. Along with that, the opportunities to make money are increasing as well. For an average individual, making money online is still like navigating through a complicated maze.
The list below will help you know about 13 ways to make money online if you’re one such individual. The list below will answer the question of how to make money online?
Once and for all. It will help you discover at least a couple of money-making opportunities convenient and practical for you.
1. Blogging with Adsense
Simply put, blogging is writing on any topic online. You might be thinking which topics can you write on?
It can be anything like:
- Your personal day-to-day experiences
- Career-related topics
- Home management tips
- Shopping hacks
- Finance management
- And so on
It can be virtually anything under the sun.
The content you share online on your blog can be monetised using Google’s AdSense program. The program will allow you to integrate relevant ads to your website, which pay on a per-click basis.
The more content you publish online, the higher would be the visitors. A large number of visitors will automatically lead to more clicks on ads. That’s it!
There are bloggers making thousands of dollars per month through Google AdSense. The simplicity makes blogging one of the most lucrative ways to make money online.
When you get enough traffic other companies can approach you to feature on your website for premium advertising. You might also get to use more premium ad display services that give you higher revenue than Adsense.
2. Affiliate Marketing
Affiliate marketing revolves around promoting others’ products to gain a commission on every sale. The best feature of affiliate marketing is that the potential is enormous. The commission on each sale can be as high as 75%. We understand that you might have the question, how to promote those products?
There are numerous avenues like:
- Social media
- Your blog
- Off-line/online hybrid marketing
- YouTube
- And so on
You can pick products from a wide variety of options available in any niche.
You can promote multiple products as well. In a nutshell, just by referring a product, you can easily make money online.
3. Create an online course
Do you have extensive experience in any particular niche?
If yes, you can convert that experience into a video course. It can be related to your side hustle or career.
For example, if you’re an accountant, you can create a course teaching others how to manage books properly. If you wait tables, you can create a course teaching others how to bag lucrative tips from patrons. The options are virtually endless.
You can create a course on any skill or expertise. Once you do so, you can list it on sites like Udemy. Udemy will share the revenue with you and take care of the back end.
People these days search for everything online. Consequently, selling your video course will not be that difficult.
You get complete freedom to price your video course. It can be as low as $5 and up to $2000. The amount of money which you can make by selling media courses is virtually unlimited.
4. Sell E-Books on Niche Topics
If you do not prefer creating a video course for some reason, you can write e-books on any niche topic. The topic can vary from health to finance to business to productivity. The choice is yours! You get to control the price as well when writing your very own e-book.
Do not prefer writing?
If yes, you can sell e-books written by others as well for commission. The options are virtually endless. People are accustomed to buying e-books online, and therefore gaining conversions will not be an issue.
5. Lead Generation for Companies
Companies are ready to pay tens of dollars for every lead you send their way. Almost every company today has some kind of online presence to generate leads. If you can generate such leads for them, they are ready to pay.
There are numerous such CPA networks having hundreds of lead generation offers. You can sign up with any such CPA network to send traffic to the lead generation pages of these companies. You will be paid on a per lead basis.
Once again, you can utilise different mediums to generate such leads like:
- Search engines
- Social media
- YouTube
- Word of mouth marketing
You would not have to worry about the entire conversion cycle. Once you generate a lead, your work is over. You can get paid as much as $ 50 per lead. Isn’t that a great way to make money?
Lead generation is one of the easiest ways to make money online. You shouldn’t ignore this opportunity.
6. Do Freelance Writing for Other Companies
Do you have a flair for writing?
If yes, Freelance writing can help you earn a decent income online. Companies, Webmasters as well as business owners, are always looking for writers to write content for their websites.
You can cherry-pick between different niches to write on topics you prefer. Finding writing gigs is not a difficult task. Some sites on which you can find such gigs include:
- Fiverr
- Upwork
- Freelancer
You can start making money today by taking up writing gigs. Writing gigs pay up to $20 for a simple 500-word article.
For those of you willing to put their head down and work hard, writing offers a lucrative earning opportunity.
7. Get Paid to Feature Articles
Once your blog gets popular and advertising revenue, you can get paid for feature articles.
These are known as sponsored posts. You can make up to $ 500 per featured article.
The best way to grow your blog to such a level is to post content consistently. Even though this method would not make you money overnight, it can provide you with consistent income in the long run.
8. Start Vlogging on Youtube
Vlogging stands for video logging. You can vlog in any niche, just like starting a blog. With media consumption consistently rising, getting viewers is not a difficult task. You have to just be consistent about it.
Once you reach a certain threshold, you can participate in the YouTube partnership program. A YouTube partner earns a portion of the ad revenue. Depending on the niche, you can get paid as much as $ 15 per 1000 views.
All you need to do is to create videos consistently on topics that you are passionate about.
9. Start a Podcast
Many individuals do not prefer to write articles or create videos. Then too, there are plenty of opportunities to make money online.
One of the best opportunities is Podcasting.
Podcasting refers to sharing information via audio format consistently. It’s like communicating with your audience through audio files.
The question which might arise is, how to make money doing that?
There are plenty of ways like:
- Sponsorships
- Promoting affiliate products
- Coaching
- Crowdfunding
- Attracting new clients for your side hustle
- And so on
Podcasting is much easier than vlogging and blogging. That is what makes it such a right choice.
10. Become a Consultant
Any kind of skills can be sold online. You can provide consultation services across domains like:
- Digital marketing
- Accounting
- Business management
- Health
- Finance
- Programming/coding
- And so on
Companies are looking for such part-time consultants to help them with their business. You can get paid as much from €25 – €100 per hour working part-time.
Such gigs are also listed on freelancing websites like:
- Upwork
- Freelancer
- And so on
You can contact companies directly to pitch your services. The options are virtually endless.
11. Dropshipping
E-commerce sites are fast-growing. Any individual can tap into this niche to make money.
No, we aren’t asking you to invest thousands on inventory. You can set up a store on a site like Shopify.
You can promote it using various methods like social media, forum marketing, search engines, and so on. Once you get an order, you can directly place the order with the supplier and have them fulfil it.
Of course, you would be selling the product at a higher price than what the supplier charges you.
You need not worry about inventory or shipping at all.
This method is known as drop shipping. Dropshipping allows you to market a variety of products without having to worry about inventory.
It can help almost anyone make money through e-commerce sales online.
The virtually unlimited amount of money that you can earn makes it a great money-making opportunity.
12. Learn how to Do Web Design
Are you willing to learn new skills?
If yes, you need to learn PHP, CSS, and HTML to know how to design a website.
Once you learn these three languages, you can pitch your web designing services online and off-line.
There are plenty of webmasters and talented web designers creating websites.
There are quite a few ways in which you can find such gigs. These include:
- Classified websites
- Social media groups
- Sites like Upwork and freelancer
The project cost can range from €200 up to thousands of euros. Even large companies are always on the lookout for talented web designers.
A web designer has a pool of endless opportunities to make a decent income online.
13. Social Media Management
Social media is becoming a crowded space these days. However, businesses cannot afford to ignore social media. It can be a real money-spinner for them.
Consequently, many companies are looking for a social media manager. As a social media manager, you would have to upload content consistently and interact with the audience on social media. All these skills are learnable.
Once you are familiar with the entire process, you can pitch your social media management services by directly contacting businesses online.
Managing 2 to 3 accounts of a company can help you make up to €500 – €1000 every month.
The best thing about this opportunity is that you can manage accounts for multiple companies to make a significant amount of money online.
Making money online is not that difficult. You just need to pick the right option and persist with it.
Using our guide above, now you have not only one or 2 but 13 different options to choose from.
All of them are equally lucrative. It is time to start making money online today!
Summary FAQ’s
It’s difficult to make money right now, as in, this second. You can however make money quickly but you need to focus on whatever project you take on. The list above is a guide on ways to make money. Select one you think you’re most qualified for or interested in and make a go of it.
The answer is yes, but it takes hard work and consistency.I didn’t make anything for the first 6 months with blogging but through affiliate marketing alone I consistently make €25 on a bad day and €55 on a good day. Nothing to be sniffed at considering I’m also in full time employment. This doesn’t include my consultancy services or adsense revenue.
Blogging is probably the easiest way to make money online as it doesn’t require interaction or sales on your part. You can set up a blog for free and start generating revenue from adsense. Then start promoting the blog on instagram, twitter, facebook and wait for SEO to kick in.
It depends on what you want to achieve. My best advice is to first look at Youtube channels that give the information away for free and when you start to get serious, select a paid course that gets into the knitty gritty of it all.
Yes, there are two certainties in life; death and taxes. Speak to an accountant about making money online.